Landscape Capital Management L.L.C. acquired a new stake in shares of Abrdn Healthcare Investors (NYSE:HQH - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,688 shares of the financial services provider's stock, valued at approximately $573,000. Landscape Capital Management L.L.C. owned approximately 0.07% of Abrdn Healthcare Investors as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in HQH. Rockefeller Capital Management L.P. bought a new stake in shares of Abrdn Healthcare Investors in the third quarter worth approximately $261,000. HighTower Advisors LLC boosted its holdings in Abrdn Healthcare Investors by 13.8% in the third quarter. HighTower Advisors LLC now owns 26,509 shares of the financial services provider's stock worth $493,000 after purchasing an additional 3,220 shares during the last quarter. Stifel Financial Corp purchased a new stake in Abrdn Healthcare Investors during the 3rd quarter valued at $188,000. TD Private Client Wealth LLC bought a new position in shares of Abrdn Healthcare Investors during the 3rd quarter valued at $66,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Abrdn Healthcare Investors in the 4th quarter worth $48,000. Institutional investors own 32.60% of the company's stock.
Abrdn Healthcare Investors Stock Up 1.0 %
Abrdn Healthcare Investors stock traded up $0.15 during mid-day trading on Friday, reaching $14.48. 64,047 shares of the stock traded hands, compared to its average volume of 184,057. Abrdn Healthcare Investors has a 12-month low of $13.77 and a 12-month high of $19.79. The business's 50-day moving average is $16.74 and its 200-day moving average is $17.30.
Abrdn Healthcare Investors Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 21st were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 15.75%. The ex-dividend date of this dividend was Friday, February 21st.
Abrdn Healthcare Investors Profile
(
Free Report)
Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.
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